Thursday, December 4, 2008

"Jump-Starting Economic Development"?

Thursday's Beacon contained an interesting tidbit in Bill Reed's column. On Page 14 (Bayside edition), Reed wrote:

"In a flier circulated in November among the members of the Virginia Beach Hotel-Motel Association, (Mayor-elect) Sessoms, a banker and former vice mayor, said his primary focus will be reviewing city operations with and eye towards cutting spending and jump-starting economic development in the city."

How do you cut spending and jump-start economic development at the same time unless you're thinking of issuing debt for a plethora of new capital projects? Why leaflet the VBHMA unless Resort spending will be a top priority of the program?

Can't wait to see this program publicly unveiled....

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